Preview

7's Framework of Hp

Satisfactory Essays
Open Document
Open Document
277 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
7's Framework of Hp
Chapter 12

McKinsey 7S

Ch12. McKinsey 7S
• • • • • • • • Short Description Background Strategic Rationale & Implications Strengths & Advantages Weaknesses & Limitations Process for Applying Technique Case Study: Kenya Airways FAROUT
Business and Competitive Analysis. By C. Fleisher & B. Bensoussan.

FT Press 2007. All Rights Reserved.

Ch12.2

Ch12. McKinsey 7S
Short Description • The McKinsey 7S model is a diagnostic management tool used to test the strength of the strategic degree of fit between a firm’s current and proposed strategies. • It is a management tool designed to facilitate the process of strategy implementation within the context of organizational change.

FT Press 2007. All Rights Reserved.

Business and Competitive Analysis. By C. Fleisher & B. Bensoussan.

Ch12.3

Ch12. McKinsey 7S
Background • Idea that structure will follow strategy had been a prominent concept in modern strategy theory. • Consultants at McKinsey & Co. recognized a circular problem central to their client’s failure to effectively implement strategy, and co-developed the McKinsey model. • Successful implementation of strategy requires management of the interrelationships between seven elements.

FT Press 2007. All Rights Reserved.

Business and Competitive Analysis. By C. Fleisher & B. Bensoussan.

Ch12.4

Ch12. McKinsey 7S
Background • Seven elements are: 1. Structure 2. Strategy 3. Systems 4. Style 5. Staff 6. Skills 7. Shared values

FT Press 2007. All Rights Reserved.

Business and Competitive Analysis. By C. Fleisher & B. Bensoussan.

Ch12.5

Ch12. McKinsey 7S
Background: Schematic of the McKinsey 7S Framework.
Strategy

Systems

Structure

Shared Values / Subordinate Goals

Staff

Skills

Style FT Press 2007. All Rights Reserved. Business and Competitive Analysis. By C. Fleisher & B. Bensoussan.

Ch12.6

Ch12. McKinsey 7S
Background • There are four key insights which can be derived from this model:


You May Also Find These Documents Helpful

  • Powerful Essays

    In Healthcare, the definition of quality can be difficult and debatable because of the diverse assessments of individuals with a stake in decent Healthcare. Let’s glance at a few different stakeholders. The stakeholders are broken done into three categories, internal, interface, and external. The internal stakeholders consists of the management (Human resource manager, Clinical managers, Pharmaceutical managers, Engineering, etc.), non-management (nursing, environmental…

    • 1120 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    The Great Gatsby by Scott Fitzgerald makes trouble now seem a little less worrisome. Gatsby, the main character, must deal with war, betrayal of love, and illegal acts. Nick Carraway, the narrator, takes the reader on a journey not only through the novel but also his own life. He starts by saying that his father taught him to never hold people to the personal standards of one's self in fear of misinterpreting the person as a whole. This advice is carried throughout the novel and is by far one of the most notable aspects within the story. The Great Gatsby is a delicately written story of a young man trying to fight his way through the 1920’s with the issues of prohibition, which lead into organized crime, and the forthcoming of the second industrial…

    • 439 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    M. (1995). The Best of Harvard Business Review 1995 [Magazine]. The Harvard Business Review, 1-11. Retrieved from http://cb.hbsp.harvard.edu…

    • 4470 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    Literature Review

    • 4720 Words
    • 19 Pages

    Strategy implementation is the process by which a selected strategy moves into action. It includes all activities and decisions necessary to execute the organization’s strategy in ways that best utilize its resources and capabilities. Strategy implementation works best when everyone in the organization is actively involved. Many factors influence the successful implementation of strategy. The success starts with the people who implement the strategy down to the systems in place for coordination and control. There is a need for the corporate and business world to understand these issues and their importance for successful strategy implementation. Reputable individuals and institutions on this subject and this literature research analyses existing research on the factors that influence strategy implementation and provides guidelines for possible future research in this field have published many academic articles.…

    • 4720 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    Attachment Theories

    • 2634 Words
    • 11 Pages

    I am particularly interested in attachment theories and ideas arising from objects theory namely Winnicott’s concepts of the transitional object and the “good enough mother”. Having two children, now aged 12 and 14 years old, I can see how the theories applied to them as babies and how it continues to be of significance now they are entering adolescence. It has also allowed me to understand relational patterns in my own life. I particularly like the recognition and evidence that, though childhood experiences are important in a therapeutic setting, past experiences can be reconsidered and changes made.…

    • 2634 Words
    • 11 Pages
    Better Essays
  • Powerful Essays

    Ireland, R.D., Hoskisson, R.E., & Hitt, M.A. (2011). The Management of Strategy: Concepts and Cases. (10th ed). South-Western, Cengage Learning.…

    • 5183 Words
    • 21 Pages
    Powerful Essays
  • Satisfactory Essays

    Phillips Foods Inc

    • 678 Words
    • 3 Pages

    by Frederic Brunel, Deborah Utter Source: Richard Ivey School of Business Foundation 20 pages. Publication Date: March 20, 2009. Prod. # 909A04-PDF-ENG…

    • 678 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Soft drinks concentrate producers gross margins were more than 60% and an average return on assets of 17% between 1990 and 2000. There are many reasons for that: even if a new concentrate plant big enough to provide all the USA would cost less than $50 million, it is almost impossible for new investors to get into the soft drink industry , basicly because the existence of high barriers as brand positioning, bottling and distribution structure and point of sale space.…

    • 2393 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Each and every organisation is trying to use strategies that would sustain or enhance their competitive advantage in the market, and Emirate Airline is never an exemption. Accordingly, the corporate strategy and management of a business describes the process of directing and leading the business operations within the company by exhausting their available resources extensively in order to attain the organizational objectives. This includes business plan conceptualization and monitoring the implementation of the efficiency and effectiveness of the strategy. The company considers unique strategic management to identify and enumerate the aims of the company so as to come up with sound business practices to gain profit and satisfy the needs and demands of the target market (2004).…

    • 4521 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Each of the organization will have their own strategy to operating the business, and the organization are running the business and competing with the competitors. Each organization must develop a strategy that best matches its internal capabilities and its situation with regard to the external environment, economy, customer desire and requirement, each organization may change their strategy from time to time. In the following paragraphs will be comparison and contrast of strategic development in between Virgin Atlantic Airways and Singapore Airlines.…

    • 874 Words
    • 4 Pages
    Good Essays
  • Good Essays

    southwest airlines

    • 489 Words
    • 2 Pages

    of shared values, skills, style, and staff. These are elements that can be changed easily.…

    • 489 Words
    • 2 Pages
    Good Essays
  • Good Essays

    objectives 1st  External and Internal Audits  Strategy formulation  Strategy operationalization  Strict levels/hierarchy of strategy –  Master plan  Uses formal procedures and heavy on analysis…

    • 936 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    Submitted to the Graduate Faculty of The Joseph M. Katz Graduate School of Business of The University of Pittsburgh in partial fulfillment of the requirements of the degree of Doctor of Philosophy…

    • 16710 Words
    • 67 Pages
    Powerful Essays
  • Best Essays

    Business Isu

    • 3853 Words
    • 16 Pages

    New Zealand’s economic freedom score is 82.1 making its economy the fourth freeist in the 2012 index…

    • 3853 Words
    • 16 Pages
    Best Essays
  • Satisfactory Essays

    Srilankan Studies

    • 25664 Words
    • 103 Pages

    We would also like to express our gratitude for the support of the staff and consultants…

    • 25664 Words
    • 103 Pages
    Satisfactory Essays